LANDBANK RATES

Better Rates Than Landbank
Overpaying Your Bank?

By the Nook Editorial Team · Reviewed to Nook's editorial standards

Get lower interest rates than Landbank's current housing loan rates with Nook's partner banks.

POTENTIAL SAVINGS

8.75%
Your likely rate
5.99%
Best available
₱4,850
estimated monthly savings on a ₱3,000,000 loan

No commitment. No credit check. Just your numbers.

2,400+
Homeowners helped
₱9.2K
Avg. monthly savings
15
Partner banks
100%
Free service

Why this matters

Your bank is counting on you not checking.

Land Bank of the Philippines (Landbank) offers housing loans with interest rates that typically range from 8% to 10% annually, depending on your loan amount, term, and creditworthiness. While Landbank provides accessible home financing options for Filipino homeowners, these rates may be higher than what's currently available through other banks in the market.

If you're currently paying Landbank's standard housing loan rates, refinancing with one of Nook's partner banks could significantly reduce your monthly payments. Our housing loan calculator can help you estimate your potential savings when switching from Landbank to a lower-rate lender. With rates as low as 5.99% available through our network, many homeowners save thousands of pesos monthly.

Nook's free refinancing service connects you with verified partner banks offering competitive rates and streamlined approval processes. Unlike working directly with non-partner institutions, our service ensures you get accurate rate quotes and professional guidance throughout the refinancing process, all at no cost to you.

The monthly numbers on a ₱3,000,000 balance

Current payment at 8.75% ₱27,816
Refinanced payment at 5.99% ₱22,966
Monthly savings ₱4,850
Annual savings ₱58,200
Total savings over remaining term ₱873,000

Three steps. No paperwork until you decide.

1

Check your rate (60 seconds)

Enter your loan details into our calculator. Instantly see what banks are offering right now and how much you'd save each month. No personal information required.

2

Talk to a Nook consultant (15 minutes)

If the numbers make sense, book a free call. Your consultant compares offers from 15+ banks — something that would take you weeks to do on your own — and recommends the best option for your situation.

3

Nook handles everything

We manage the entire application, documentation, and bank coordination. You sign where we tell you. Your new lower payment starts next month. Nook's service is completely free — we're paid by the receiving bank.

Common questions

What Landbank borrowers ask us.

What are current Landbank housing loan interest rates?

Landbank housing loan interest rates typically range from 8% to 10% annually, based on publicly available information. Rates vary depending on loan amount, term, and borrower profile, and are subject to change.

Can I refinance my Landbank home loan to get a lower rate?

Yes, you can refinance your Landbank housing loan with another bank to potentially get lower interest rates. Nook helps connect you with partner banks offering rates as low as 5.99%, which could result in significant monthly savings.

How much can I save by refinancing from Landbank?

Savings depend on your current rate and loan balance, but many borrowers save 3,000 to 6,000 pesos monthly when refinancing from Landbank's standard rates to our partner banks' lower rates. Use our calculator to estimate your specific savings potential.

What documents do I need to refinance my Landbank loan?

Typical requirements include income documents (ITR, certificates of employment), bank statements, property documents, and your current loan statement from Landbank. Nook's team will guide you through the complete document checklist for your chosen partner bank.

How long does it take to refinance from Landbank?

The refinancing process typically takes 30-45 days from application to loan release. Nook's partner banks often provide faster processing compared to applying directly, thanks to our streamlined coordination and pre-verified borrower profiles.

Every month you wait costs you ₱4,850.

Check your exact savings in 60 seconds. It's free and takes no commitment.

Check My Savings Now →